South Korea Aluminum Casting Market Size & Outlook
Global Market
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South Korea aluminum casting market highlights
- The South Korea aluminum casting market generated a revenue of USD 2,737.4 million in 2025 and is expected to reach USD 4,155.9 million by 2033.
- The South Korea market is expected to grow at a CAGR of 5.4% from 2026 to 2033.
- In terms of segment, die casting was the largest revenue generating process in 2025.
- Die Casting is the most lucrative process segment registering the fastest growth during the forecast period.
Aluminum casting market data book summary
| Market revenue in 2025 | USD 2,737.4 million |
| Market revenue in 2033 | USD 4,155.9 million |
| Growth rate | 5.4% (CAGR from 2026 to 2033) |
| Largest segment | Die casting |
| Fastest growing segment | Die Casting |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Permanent Mold Casting, Others process, Die Casting |
| Key market players worldwide | Alcoa Corp, Ramaco Resources Inc Class A, Bravo Mining Corp, Redwire Corp, Georg Fischer AG, Dynatrace Inc Ordinary Shares, Gibb River Diamonds Ltd, Ryobi Ltd, Martinrea International Inc, Toyota Industries Corp, Aluminum Corp of China Ltd Class H |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.6% of the global aluminum casting market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China aluminum casting market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,754.9 million by 2033.
South Korea is one of the fastest developing economies in the region with a huge manufacturing sector, especially in transportation and consumer durable industries. As of February 2, 2021, the country ranks 86th in the world in terms of coronavirus cases.
Although, country was quite successful in controlling spread of the virus, but the second wave of pandemic resulted in a hike in new cases in December and January 2021, which can impact manufacturing and other such activities in the country. Developments in the EV industry is anticipated to augment demand for aluminum casting in the country over the forecast period.
For instance, according to various South Korean media sources, the Sebang Lithium Battery Co., Ltd. company announced to build a new battery plant in Gwangju, South Korea, with an investment of KRW 115 billion (~USD 103.02 million).
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Publish Date: Jun 11, 2026
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Aluminum Casting Market Scope
Aluminum Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Toyota Industries Corp | View profile | 89,245 | 2-1, Toyoda-cho, Kariya-shi, Aichi, Japan, 448-8671 | www.toyota-industries.com |
| Georg Fischer AG | View profile | 19,824 | Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201 | www.georgfischer.com |
| Ramaco Resources Inc Class A | View profile | 811 | 250 West Main Street, Suite 1900, Lexington, KY, United States, 40507 | www.ramacoresources.com |
| Alcoa Corp | View profile | 13,600 | 201 Isabella Street, Suite 500, Pittsburgh, PA, United States, 15212-5858 | www.alcoa.com |
| Bravo Mining Corp | View profile | 51 | Av. Jornalista Ricardo Marinho, n. 360, Room 111 Barra da Tijuca, Rio de Janeiro, Brazil, 22631-350 | www.bravomining.com |
| Dynatrace Inc Ordinary Shares | View profile | 4,700 | 1601 Trapelo Road, Suite 116, Waltham, MA, United States, 02451 | www.dynatrace.com |
| Martinrea International Inc | View profile | 19,000 | 3210 Langstaff Road, Vaughan, ON, Canada, L4K 5B2 | www.martinrea.com |
| Aluminum Corp of China Ltd Class H | View profile | 64,504 | No. 62 North Xizhimen Street, Haidian District, Beijing, China, People's Republic of, 100082 | www.chalco.com.cn |
| Ryobi Ltd | View profile | 7,497 | 762 Mesaki-cho, Hiroshima-ken, Fuchu-shi, Japan, 726-8628 | www.ryobi-group.co.jp |
| Redwire Corp | View profile | 700 | 8226 Philips Highway, Suite 101, Jacksonville, FL, United States, 32256 | www.redwirespace.com |
South Korea Aluminum Casting Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Aluminum Casting Market Outlook will help companies and investors design strategic landscapes.
Die Casting was the largest segment with a revenue share of 98.37% in 2025.
Horizon Databook has segmented the South Korea aluminum casting market based on permanent mold casting, others process, die casting covering the revenue growth of each sub-segment from 2021 to 2033.
South Korea is one of the fastest developing economies in the region with a huge manufacturing sector, especially in transportation and consumer durable industries. As of February 2, 2021, the country ranks 86th in the world in terms of coronavirus cases.
Although, country was quite successful in controlling spread of the virus, but the second wave of pandemic resulted in a hike in new cases in December and January 2021, which can impact manufacturing and other such activities in the country. Developments in the EV industry is anticipated to augment demand for aluminum casting in the country over the forecast period.
For instance, according to various South Korean media sources, the Sebang Lithium Battery Co., Ltd. company announced to build a new battery plant in Gwangju, South Korea, with an investment of KRW 115 billion (~USD 103.02 million).
- South Korea Aluminum Casting Market Process Outlook (Revenue, USD Million , 2021-2033)
- Permanent Mold Casting
- Others process
- Die Casting
- South Korea Aluminum Casting Market Application Outlook (Revenue, USD Million , 2021-2033)
- Transportation
- Building & Construction
- Others Application
- Industrial
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Aluminum Casting Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Aluminum Casting Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Aluminum Casting Market, 2021-2033 (US$M)
South Korea aluminum casting market statistics, by process, 2021-2033 (US$M)
